What are the needs of working capital?
Answers
Answered by
0
Answer:
Your working capital is used to pay short-term obligations such as your accounts payable and buying inventory. If your working capital dips too low, you risk running out of cash. Even very profitable businesses can run into trouble if they lose the ability to meet their short-term obligations.
Similar questions
Biology,
2 months ago
Social Sciences,
2 months ago
Political Science,
2 months ago
Hindi,
5 months ago
Social Sciences,
10 months ago
Math,
10 months ago